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WORLD'S 50 BIGGEST BANKS 2012

Author: Andrea Fiano

Global Finance Reveals the World’s 50 Biggest Banks 2012
China Breaks Into The Top Five

NEW YORK, August 27, 2012 — Global Finance reveals its annual listing of the World’s 50 Biggest Banks for 2012, as measured by total assets.

There is relative stability among the largest banks in the world as far as the total value of their assets. Deutsche Bank has jumped from second to take the lead -it is now the largest bank in the world, followed by HSBC and BNP Paribas.

China again has six banks in top 50-the largest group from any single country, and the Industrial and Commercial Bank of China jumps from ninth to fourth-largest in the world. The US, UK, France and Germany each have five banks in the top 50.

The list will be published in the October issue of Global Finance magazine.

For editorial information please contact: Andrea Fiano, Editor, email: afiano@gfmag.com

World's 50 Biggest Banks 2012
Rank Bank Country Total Assets ($m) Statement Date
1 Deutsche Bank Germany 2,799,977 12/31/11
2 HSBC United Kingdom 2,555,579 12/31/11
3 BNP Paribas France 2,542,738 12/31/11
4 Industrial and Commercial Bank of China China 2,456,287 12/31/11
5 Mitsubishi UFJ Financial Group Japan 2,447,950 3/31/11
6 Crédit Agricole France 2,431,796 12/31/11
7 Barclays Group United Kingdom 2,417,327 12/31/11
8 Royal Bank of Scotland United Kingdom 2,329,726 12/31/11
9 JPMorgan Chase United States 2,265,792 12/31/11
10 Bank of America United States 2,129,046 12/31/11
11 China Construction Bank (CCB) China 1,949,213 12/31/11
12 Mizuho Financial Group, Inc. Japan 1,890,219 3/31/11
13 Bank of China China 1,877,514 12/31/11
14 Citigroup United States 1,873,878 12/31/11
15 Agricultural Bank of China China 1,853,313 12/31/11
16 ING Group Netherlands 1,655,101 12/31/11
17 Banco Santander Spain 1,619,259 12/31/11
18 Sumitomo Mitsui Financial Group Japan 1,598,424 3/31/11
19 Société Générale France 1,528,492 12/31/11
20 UBS Switzerland 1,508,302 12/31/11
21 Lloyds Banking Group United Kingdom 1,500,535 12/31/11
22 Groupe BPCE France 1,472,887 12/31/11
23 Wells Fargo United States 1,313,867 12/31/11
24 UniCredit Italy 1,199,079 12/31/11
25 Credit Suisse Switzerland 1,115,065 12/31/11
26 China Development Bank China 992,158 12/31/11
27 Rabobank Netherlands 946,649 12/31/11
28 Goldman Sachs United States 942,140 12/31/11
29 Nordea Sweden 926,645 12/31/11
30 Norinchukin Bank* Japan 908,793 9/30/11
31 Commerzbank AG Germany 856,208 12/31/11
32 Intesa Sanpaolo Italy 827,042 12/31/11
33 Royal Bank of Canada (RBC) Canada 797,262 10/31/11
34 Banco Bilbao Vizcaya Argentaria (BBVA) Spain 773,305 12/31/11
35 National Australia Bank Australia 737,243 9/30/11
36 TD Bank Group Canada 735,947 10/31/11
37 Bank of Communications China 731,826 12/31/11
38 Commonwealth Bank of Australia Australia 717,245 6/30/11
39 Westpac Australia 655,544 9/30/11
40 KfW Germany 640,209 12/31/11
41 Standard Chartered Plc United Kingdom 599,070 12/31/11
42 Scotiabank (Bank of Nova Scotia) Canada 596,990 10/31/11
43 Danske Bank Denmark 596,004 12/31/11
44 ANZ Group Australia 581,463 9/30/11
45 Dexia Belgium 534,039 12/31/11
46 DZ Bank Germany 525,198 12/31/11
47 Banco do Brasil S.A. Brazil 523,295 12/31/11
48 Bank of Montreal (BMO) Canada 502,737 10/31/11
49 Banque Fédérative du Crédit Mutuel France 494,501 12/31/11
50 Landesbank Baden-Württemberg Germany 482,674 12/31/11

SOURCE: Fitch Solutions, except *Moody’s Investor Service